🔴
$ESP HITS THE WALL — SELLERS DEFEND THE HIGH, SHORT WINDOW OPENS! 📉
Entry: 0.0672 - 0.0678 ⚡
Target: 0.0658, 0.0642, 0.0625 🎯
Stop Loss: 0.0698 ⚠️
Sharp rallies often die at the same doorstep.
$ESP tapped the recent high and got slapped straight back down — that tells me the supply zone is still crowded with sellers. 📉 The rejection is clean, and with momentum stalling, the odds favor a deeper retrace before the next leg up.
Trading the pullback here means respecting the levels: entries are tight, targets are stacked, and the stop sits just above the rejection zone. 📊 Volume behavior on the way down will decide whether we see TP1 or TP3. Keep it simple, let price come to the plan. 💡
Are you joining the sell side here, or waiting for a bounce to trap more shorts first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️
#ESP #ShortSetup #Pullback #Crypto #Trading 🐻 📉